* Note: Quintana Maritime (QMAR) comes in at #4, and Diana Shipping (DSX) is #5 on our list.In addition, a second Wall Street firm (Cantor Fitzgerald) has also raised its price targets on five major shipping stocks, citing a continuing surge in dry bulk rates.

Interesting new targets. Remember: it is October 22nd 2007.

One week later, on October 29th, Mr. Navellier wrote:

Top Three StocksThere is no change in the Top 3 list this week.

TBS International Ltd. (TBSI) remains in the #1 spot;

DryShips (DRYS) remains in the #2 spot;

and Excel Maritime Carriers Ltd. (EXM) remains in the #3 spot.

[REMOVED]

On the 5th of November 2007 Louis wrote the following:

Top Three StocksThere is no change in our Top 3 list this week, as marine shipping stocks still dominate the list. [REMOVED] TBS International Ltd. (TBSI) remains in the #1 spot. [REMOVED]

DryShips (DRYS) remains in the #2 spot. [REMOVED]

Excel Maritime Carriers Ltd. (EXM) remains in the #3 spot. [REMOVED]

Buy below prices were at this point:

DRYS: $113.9

EXM: $63.84

TBSI: $58.54

I am sure some people gave Louis $5.000 a year and bought these Top Three Stocks at prices close to the ones you see here above.

Let's see what happened next:

On December 26th 2007 Mr. Navellier told his paying readers to sell EXM. Price was around $41.

On January 14 2008 Mr. Navellier told his paying readers to sell TBSI. Price was around $24.

On July 28 2008 Mr. Navellier told his paying readers to sell DRYS. Price was around $73.

The September/October 2007 Top Three Stocks, if bought at that time at the buy below prices Mr. Navellier accurately calculated had returned: